Emirates Development Bank (EDB)
Mohamad Daouk is the Director of the Legal Department at Emirates Development Bank, a position held since June 2022. Prior to this role, Mohamad served as Senior Legal Manager at the National Bank of Fujairah from November 2011 to June 2022, where responsibilities included reviewing legal agreements, providing legal opinions, managing product development, and overseeing various aspects of Islamic financing and contract management. Earlier in the career, Mohamad worked as an Operation Analyst at Al Mal Capital PSC from February 2007 to July 2011, focusing on corporate actions and trade processing in local and international markets. Academically, Mohamad holds a Bachelor of Art in Law and Political Sciences from Beirut Arab University, obtained between 1998 and 2002.
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Emirates Development Bank (EDB)
Emirates Development Bank (EDB) is the UAE’s development bank, a key financial engine for the economic development and industrial advancement of the nation. Our mission is to foster a healthy, sustainable, and self-reliant economy through the provision of financing solutions to SMEs and corporates domiciled in the UAE and engaged in any of our five strategic priority sectors. These include advanced technology, food security, healthcare, manufacturing and renewables. Given its developmental mandate, the Bank is not-for-profit, offering patient capital and favourable financing terms to our clients. EDB provides direct financing solutions to all clients and also indirect financing solutions to SMEs through guarantees to our commercial banking partners. We go one step further by fostering the UAE entrepreneurship ecosystem with our unique digital banking product suite tailored to start-ups and also non-financial education and mentoring programmes aimed at advancing creditworthiness and financial literacy. As the UAE’s development bank, EDB seeks to attract and retain the best talent through a supportive culture and continuous professional development opportunities. The Bank’s employees are united by the shared commitment to develop the UAE economy, a goal which is embedded in every aspect of their work and fills them with a sense of pride. Emirates Development Bank’s vision is to be a key financial engine dedicated to the economic development and industrial advancement of the UAE.